The series of higher highs and higher lows suggest that Quant (QNT) is in a short-term uptrend. The bulls purchased the drop to the 50-day SMA of $100 and are attempting to resume the up-move. If the price sustains above the 20-day EMA of $111, it will suggest that the correction may be over. The QNT/USDT pair could first rise to $124 and then retest the important resistance at $133. If bulls clear this hurdle, the pair could rally to the overhead resistance zone between $154 and $162. Contrary to this assumption, if the price fails to sustain above the 20-day EMA, it will indicate that traders may be closing their positions on rallies. The bears will have to sink the price below $98 to gain the upper hand and signal the start of a deeper correction to $79. The pair has been correcting inside a falling wedge pattern. The buyers pushed the price above the resistance line of the pattern but could not sustain the breakout. This suggests that bears are active at higher levels. If the price sustains below the 50-SMA, the pair could slide to the 20-EMA. This is an important level to watch out for. If the price rebounds off this level, it will suggest that the short-term trend has turned in favor of the buyers. A break and close above $118 could indicate that the corrective phase may be over. Conversely, if the price slips below the 20-EMA, the pair may drop to $100.
Although Quant (QNT) doesn't put up any overwhelming gains, it is also capable of withstanding the blow once the cryptocurrency market decided to take a nosedive. The cross-blockchain Overledger solution provides for solid fundamentals, while the return on investment is also quite good and stands at 283%. Over the course of the last couple of months, QNT could have been traded comfortably between $7,20 and $4,80. One thing that I don't like about Quant, though, is its dedication to the Hotbit exchange, which takes up almost 80% of the entire trading volume of QNT.
QNT was pumping hard in September while Bitcoin was lying flat like a used tire. I don't want to appear as a braggart, but I can't deny the fact of making a very smart move of buying a substantial amount of QNT just before it went on a bull run. To tell you the truth, I didn't come up with this trade on my own - my mentor gave me a hint, which proves that he is one of the best crypto traders who graced this planet.
QNT is one of my favorite altcoins for trading because it puts up nice price swings on smaller timeframes. For instance, in just one week, the price of Quant had galloped from the highs of $6,3 to the lows of $5,2, thus allowing me to make sweet profits from a short position. Then it displayed the same up & downs several times over in a span of 5 days. All in all, in just one week of trading QNT on Bithumb Global, I have made around $3K - not bad for a coin that is not even in Top 20.
QNT token has shown remarkable growth this week. Anybody knows what's behind it?
* Crypto Rating accepts no liability for content of the Quant reviews made by the site users. The entire responsibility for the contents rests with the authors.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 83.6% | 29 | $62 880.79 | -0.34% | 4.85% | $1 242 317 669 377 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 79.2% | 43 | $2 543.89 | 3.03% | 4.87% | $306 147 363 657 |  |
|
| 3 |  USDT |
Tether predictions | 95.2% | 1 | $1.000208 | 0% | -0.04% | $119 097 562 039 |  |
|
| 4 |  BNB |
Binance Coin predictions | 78.8% | 37 | $567.47 | 0.01% | 2.22% | $82 812 786 289 |  |
|
| 5 |  SOL |
Solana predictions | 76.4% | 39 | $146.96 | 2.26% | 6.18% | $68 847 921 811 |  |
|
| 6 |  USDC |
USD Coin predictions | 94% | 1 | $1.000133 | 0.02% | 0% | $35 787 446 042 |  |
|
| 7 |  XRP |
XRP predictions | 80.8% | 36 | $0.585409 | -1.23% | 2.58% | $33 037 282 339 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 84% | 30 | $0.105230 | -0.83% | -1.93% | $15 367 655 262 |  |
|
| 9 |  TON |
Toncoin predictions | 77.6% | 44 | $5.60 | -2.18% | -3.72% | $14 181 556 392 |  |
|
| 10 |  TRX |
TRON predictions | 90% | 8 | $0.151989 | 0.52% | 2.08% | $13 172 859 955 |  |
|
| 11 |  ADA |
Cardano predictions | 78.4% | 41 | $0.351275 | -0.56% | -2.33% | $12 632 078 921 |  |
|
| 12 |  AVAX |
Avalanche predictions | 73.6% | 45 | $27.30 | 2.88% | 10.29% | $11 081 593 423 |  |
|
| 13 |  STETH |
Lido stETH predictions | 93.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 14 |  WTRX |
Wrapped TRON predictions | 96% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
|
| 15 |  WBTC |
Wrapped Bitcoin predictions | 92.4% | 1 | $65 806.83 | 0.78% | -2.68% | $10 083 957 608 |  |
